Note2016
£000
2015
£000
ASSETS
Non-current assets
Intangible assets11360,381166,684
Property, plant and equipment1237,71816,822
Deferred tax assets141971,397
Total non-current assets398,296184,903
Current assets
Inventories1554,37531,744
Trade and other receivables1668,93830,932
Cash and cash equivalents1739,14245,948
Total current assets162,455108,624
Total assets560,751293,527
LIABILITIES
Current liabilities
Borrowings20(1,672)(8)
Trade and other payables18(60,220)(31,025)
Deferred and contingent consideration(467)(4,417)
Current tax liabilities19(3,897)(8,659)
Total current liabilities(66,256)(44,109)
Non-current liabilities
Borrowings20(154,093)(32,519)
Deferred and contingent consideration(3,166)(3,412)
Employee benefit obligations22(3,721)(1,311)
Provisions21(3,334)
Deferred tax liabilities14(53,569)(17,688)
Total non-current liabilities(217,883)(54,930)
Total liabilities(284,139)(99,039)
Net assets276,612194,488
EQUITY
Issued share capital24927880
Share premium account172,451124,801
Own shares25(21)(303)
Hedging reserve(15)(94)
Foreign currency translation reserve5,524(27,547)
Merger reserve1,7701,770
Retained earnings93,99594,981
Total equity attributable to equity holders of the parent274,631194,488
Non-controlling interests261,981
Total equity276,612194,488

The financial statements were approved by the Board of Directors on 5 September 2016 and are signed on its behalf by:

Ian Page
Chief Executive Officer
5 September 2016

Michael Redmond
Chairman
5 September 2016

Company number: 3369634